Google reported quarterly earnings that beat Wall Street's expectations, but revenue fell slightly short. The report on Thursday sent its shares higher in extended-hours trading.
After the earnings announcement, the Internet giant's shares rose 3 percent in trading after the closing bell.
Google Inc. Earnings: Revenue Grows By Double-Digits For Fifth Straight Quarter
Google Inc. Earnings Cheat Sheet
Results: Net income for the internet services rose to $2.79 billion ($8.42 per share) vs. $2.5 billion ($7.68 per share) in the same quarter a year earlier. This marks a rise of 11.2% from the year-earlier quarter.
Revenue: Rose 35.3% to $12.21 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: Google Inc. fell short of the mean analyst estimate of $8.76 per share. It beat the average revenue estimate of $8.41 billion.